Providing megawatt-scale power solutions worldwide, American Superconductor Corporation (NASDAQ: AMSC) operates in two segments, Wind and Grid. Active in the SBIR space since soon after the firm was founded and still, AMSC is structured around meeting the world's demand for smarter, cleaner, better energy. Under the Windtec Solutions brand the Wind segment enables manufacturers to field wind turbines; provides a range of power electronics and software-based control systems, which are integrated and designed for enhancing performance, efficiency, and grid compatibility; designs and develops onshore and offshore wind turbines; licenses its engineered wind turbine designs; and offers customer support services to wind turbine manufactures. The Grid segment offers products and services that enable electric utilities and renewable energy project developers to connect, transmit, and distribute power. The firm provides transmission planning services that identify power grid constraints; grid interconnection solutions for wind farms and solar power plants, power quality systems, and transmission and distribution cable systems; and D-VAR systems that offer reactive power to stabilize voltage on the grid, as well as to connect wind farms and solar power plants to the power grid. This segment also offers superconductor wire that would be incorporated into various applications, including motors, generators, power cables, and fault current limiters; power cables; and project management services to electric utilities. The company has strategic alliance with LS Cable, Nexans, Siemens, and Vestas to develop and commercialize its products.
